Oil price is on the move again and unfortunately it is going down at an alarming rate. What will this do for us and the industry as a whole? More layoffs and scaling back. One of the first places to be hit hard will be Bartlesville. The truth is we... — read more
No accountability at Conoco
Main problem is they are not held accountable. The managers that were preaching the big numbers without any cost control should be let go. If you don't let any of them go, how can you avoid these things. Most people have a hard enough time just... — read more
Bartlesville Layoffs?
Are we done with layoffs in Bartlesville? We have already had playoffs in Bartlesville after selling Canadian assets and San Juan but we keep hearing that we may have more. It would be nice if we could get more communication about what's going on... — read more
Conocophillips is Hiring!
I thought I'd brighten up this place with some positive news: COP has a Bakken Operations Geologist posting over on Indeed. Pay no attention to the geologists being loaned out to groups they aren't in or those on teams that have no capital... — read more
Australia BU East / West justified? what are you waiting for to merge into one single BU?
Australia BU East / West separate divisions still justified? What are you waiting for to merge into one single BU? Just think about how many Managers and Expats you could get rid off to make this company truly "Nimble"... I know first line Senior... — read more
When are they going to tell us when they plan to close Bartlesville offices and centralize to Houston?
I hope they let us know when they are closing Bartlesville offices and with driving to Houston. The suspense and waiting is killing us. How many of us will be offered a job in Houston and how many of us will be laid off? We are hearing there will be... — read more
Our Leader's Letter to Texas Governor
I just point this out, suggest his time could better be served working on costs and revenues, and ask for a clarification on how this impacts employees at the complex, and my post gets deleted?
How did we get so far off?!?
L48 has had something like 50% reductions since the downturn started and there's still plenty of room in the layers of management to cut more. I can't help but wonder what the heck we were doing hiring all these people during the shale boom - how we... — read more
There better be some communication on ECO this week
All this waiting and worrying and waiting to find out if it is minor cuts, massive layoffs, or something in between is unbearable.
Scary statistics-100% of managers laid off from COP cannot find work elsewhere
Although other companies are also not hiring for Useless workforce, it appears that it is widely known managers from COP are all low-performers and not hiring quality for most other companies. Plus they spend far too much time doing politics rather... — read more
Scary statistic - 97% of people laid off from COP cannot find work elsewhere
Although other companies are also not hiring for the same reason, it appears that it is widely known the people who were let go from COP were all low-performers and not hiring quality for most other companies. Plus they spend far too much time crying... — read more
COP geting a lot of praise
Lots of positive articles showing up by the financial press for COPs strategy during these tough times. Share price is looking on track to finish in the top 25% of peer performers due to some strategic moves that others failed to make. VCIP should be... — read more
Incentivize best people to stay, don't pay them to leave
Some truly exceptional people have been paid to leave. If we had smart management, the ELT would have incentivized these folks to stick around another couple years and help with the current decision making and lean times, but we don't have smart... — read more
Canadian Supply Chain
What a joke. People leaving left right and centre. They take the attitude that "people should be happy they have a job" and treat the employees like crap. Well guess what there are jobs out there and your not the only show in town. The "senior"... — read more
COD
Houston office we sent you another narcissist brown noser for all the ones you have sent to us here in Anchorage. Shipping them was not free, so please pay cash on delivery (COD).
Are layoffs in Bartlesville over?
Are the layoffs in Bartlesville over except for the groups/individuals who have already been told they are here until October or February? I know that a couple of other small assets have been sold but a lot of reorganization has taken place too... — read more
Death of the internal combustion engine
If you are 30 years old O Tesla fans recently drove a Model S more than 1,000km on a single charge. UBS, a bank, reckons the “total cost of ownership” of an electric car will reach parity with a petrol one next year—albeit at a loss to its... — read more
Pulse Survey Results - Canada
There was a "Pulse Survey" in Canada this summer and I have yet to see/hear the results. Does anyone know what the feedback was? What directives have the "Employee Engagement Network" been given as a result? Make more lemonade?
Preemptive exits
Anybody else noticed highly-talented employees walking out the door over the past few months? I personally know of several so far, with another global SME packing bags as we speak due to utterly ignorant, incomprehensible actions from up the food... — read more
More layoffs then it was reported
Something we have been saying for a while... It seems that number of reported layoffs in oil and gas industry was significantly higher than reported by companies (ConocoPhillips included.) And not by a small number, by nearly 50 percent... Really... — read more
Too many managers managing one or two people
Seriously, how many IT and Finance so-called managers have only 1 or 2 people reporting to them? No other company looks like this. Look at the online org chart for yourself. Those organizations are engineered to create extra supervisor jobs to... — read more
Layoff Timing/EOI
Anyone know when technical staff layoffs will occur and if there will be an EOI?
Replacing ELT
What actually has to happen for the ELT to be refreshed?
Where are RL & the Hockey Player, eh?
Amazing that business goes on day after day without any communication from our "leaders". Guess we'll just have to keep hauling office supplies home by the truckload until the wheels come off... new corporate directive placing an emphasis on office... — read more
Contractors Rule COP
Goes to show there is no effective leadership!
Google Conocophillips
Dudes if you google search Conocophillips, the top three suggestions for COP are "gas station near me, stock, and layoffs". Apparently that's all we do now a days, prepare plans for next round of layoffs. None of the other oil and gas companies show... — read more
Eco project Update?
Not interested in layoff numbers. Interested to hear if there would be a Restructure/Re-org?
Hilcorp Baby!!
Let the fun begin and to welcome to the Hilcorp Family!
If Conoco is set on layoffs, it should start from the top
There are some truly world-class explorationists in the company. Unfortunately, almost all of the supervisors/leaders are corrupt opportunists who only care about what makes them look good rather than truly creating value for the company. They spend... — read more
Let me summarize the broken record
68% of shareholders have voted to outsource the ELT to a company in Bartlesville run by a Boston consulting firm. The price of oil has nothing to do with the company performance, oh and Bartlesville s---s. P.S. Instead of focusing on the rest of my... — read more
A Pathforward
I've been watching our "leadership" for five years now and it's apparent they are in over their heads. If you had any doubts, the 68% vote is clear, it benchmarks our executives at the bottom 0%, although they deny this. BCG will butcher our... — read more
OUTSOURCING MORE LIKELY FOR BARTLESVILLE THAN MOVE TO HOUSTON
Apparently the consultants being let loose on Bartlesville are talking more abut outsourcing us than moving us to Houston. Given the staff reductions, it could make sense.
Good News - The turnaround has begun
The stock is also responding to the great 2Q results. One of the few E&Ps to beat expectations. Some people on this board don't understand that writedowns - but most people do. (And that is why the stock price shot up over the last few days). It... — read more
Capex is $ 4.8b but the 2Q loss is $3.4b. Wow way to go cop
On the brite side, I can say for sure that I have nothing to do with this loss. :) ( and so a lot of other people that got laid off). On the sad side, the policy of laying off hardworking people and keeping the useless, pathetic, managers running the... — read more
Flat
Our company runs flat, except that it doesn't. You are not better than Conoco you are Conco creating jobs that don't exsist or there is no need for just to make people happy. And of all people to make an operations manager. I am no longer impressed... — read more
How much of a bath did we take on the Panhandle sale?
So we gave away $200MM in value on Barnett. How much was our misguided generosity this time?
Don't freak out it's just a few billion
It's just 3.44 billion nothing to worry. Next on chopping block is some random BU.